Research On The Impact Of Population Aging On Economic Growth

The problem of population aging is a common problem faced by all countries all over the world.The increasingly serious problem of aging has aroused the concern of the world.The birth rate decreased year by year,with the medical level and living standards,the mortality rate also decreased year by year,the average life expectancy is extended,in the role of these three factors,most of the countries in the country has entered the aging society.The rising number of the elderly population,the proportion of the total population of the elderly population is rising,social pressure is increasing,aging has become a difficult problem to be faced by countries all over the world.The development speed of aging in China is amazing,far more than the developed countries into the speed of the aging society.Therefore,in order to stable economic development,we must deal with the adverse effects brought about by the aging.Firstly,this paper reviews the domestic and foreign research on the economic growth effect of the aging of the population,mainly divided into conducive to economic growth,is not conducive to economic growth and the impact of uncertainty in three categories,but does not determine the impact of mainstream ideology,and most scholars thought that the human capital is the most important variable.Human capital also includes education human capital and health human capital.Then,the paper based on the education of human capital and human capital,using the panel VAR model to demonstrate,the empirical results show that aging is uncertain impact on economic growth of human capital,education and health human capital investment will promote economic growth,thus weakening the negative effects brought by the aging of the population.Specifically,for the education of human capital,the eastern and central regions of aging did not significantly inhibit economic growth,aging and education human capital in these areas also in synchronous lifting,which education human capital advantage of the eastern region of the more obvious,to a great extent dilute negative effects of aging.On the contrary,the negative impact of aging on the western region is very significant.This conclusion is consistent with the "Tiebout choice".For healthy human capital,the impact of aging on economic growth incoastal and inland areas are inhibited,and the increase in health human capital to a certain extent will play a role in promoting economic growth.Based on the above empirical analysis,the economic development in the context of China's aging put forward relevant policy recommendations.To increase human capital investment in China,accelerate the transformation of economic structure,actively develop the old industry,improve the elderly employment policy,the establishment of a new pension system,in order to cope with the increasingly severe challenges of aging,turn challenges into opportunities.